French financial prosecutors have launched an investigation into a 6.7 billion euro (US$7.5 billion) 2008 contract between naval supplier DCNS and Brazil that included the sale of five submarines, it was reported on Sunday in Paris.2 comments
Brazilian President Michel Temer on Thursday rejected calls for his resignation, saying he will fight allegations that he endorsed the paying of hush money to an ex-lawmaker jailed for corruption. The embattled leader spoke in a national address after Globo newspaper reported Wednesday night that Temer was recorded supporting payments to former Lower House Speaker Eduardo Cunha.10 comments
Brazil's President Michel Temer faced calls for his removal Wednesday after a newspaper reported that he had been recorded discussing payments of hush money to a corrupt politician. Temer immediately denied the report in O Globo newspaper.27 comments
Ex Brazilian President Lula da Silva's combative testimony before a federal judge this week did little to dismantle the graft case against him and improve his chances of securing a new term in office. Lula, a founder of the leftist Workers Party (PT) that controlled Brazil's presidency from 2003 until last year, can only run in next year's presidential election if he avoids a conviction that is upheld on appeal.
Brazil's former president Lula da Silva called the corruption trial threatening to end his storied career a “farce” during almost five hours of testimony on Wednesday. Lula is accused of receiving a seaside apartment as a kickback from the OAS construction company, and if found guilty could be barred from running for office and even jailed, destroying his hopes of coming back to power in the 2018 presidential elections.
Brazil's Supreme Court on Tuesday ordered the release from prison of Jose Dirceu, who was convicted of graft-related crimes after serving as cabinet chief of ex-president Lula da Silva. Dirceu has been detained since 2015 in connection to a vast corruption scheme known as Car Wash.
The former CEO of the huge Brazilian builder at the center of the world's biggest corruption scandal spoke frankly about the billions in bribes and illegal financing that the Odebrecht company put into the pockets and campaign coffers of politicians and public officials.
President Michel Temer insists that a growing corruption scandal in his government will not paralyze Brazil as it struggles to emerge from its deepest recession in history. “Brazil doesn’t stop,” he said in an interview broadcast on Spanish television TVE ahead of a visit Monday by Spain’s Prime Minister Mariano Rajoy. “So it won’t be corrupt acts that paralyze the country.”
A federal court sentenced Brazil’s former speaker of the Lower House, Eduardo Cunha, to more than 15 years in prison on Thursday for corruption, making him the highest-profile political conviction yet in the “Operation Car Wash” scandal. The former politician’s defense team said they would appeal the decision but Cunha will remain imprisoned pending appeal.
The offices of Mossack Fonseca, the law firm at the centre of the Panama Papers leak, were raided on 9 February as part of an ongoing investigation into Brazil's biggest corruption scandal, the so called Operation Carwash (Lava Jato in Portuguese) involving the state-run oil company Petrobras.